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Current Affairs January 2024

What is the correct answer?

4

India's economic planning CANNOT be said to be : [NDA 2002]

A. indicative

B. imperative

C. limited

D. democratic

Correct Answer :

B. imperative


Related Questions

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4

In the context of India's Five Year Plans, a shift in the pattern of industrialization, with lower emphasis on heavy industries and more on infrastructure begins in [IAS 2010]

A. fourth Plan

B. sixth Plan

C. eighth Plan

D. tenth Plan

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4

Consider the following statements: [IAS 2004]
1. The highest deciding body for planning in India is the Planning Commission of India.
2. The Secretary of the Planning Commission of India is also the Secretary of National Development Council
3. The Constitution includes economic and social planning in the Concurrent List in the Seventh Schedule of the Constitution of India.
Which of the statements given above is/are correct?

A. 1 and 2

B. 2 only

C. 2 and 3

D. 3 only

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4

An underdeveloped economy is generally characterised by :
1. Iow per capita income
2. Iow rate of capital formation
3. Iow dependency figure
4. working force largely in the tertiary sector

A. 1 and 2

B. 2 and 3

C. 3 and 4

D. 1 and 4

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4

'Take off stage' in an economy means: [CBI 1990]

A. steady growth begins

B. economy is stagnant

C. economy is about to collapse

D. all controls are removed

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4

The National Development Council gets its administrative support from:

A. Planning Commission

B. Finance Commission

C. Administrative Reforms Commission

D. Sarkaria Commission

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4

Which of the statements given below is/are correct? [CDS 2008]
1. Food for Work Programme was launched in India during the 10th Five Year Plan.
2. The Planning Commission in India is a constitutional body.

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

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4

Who is the Deputy Chairman of Planning Commission?

A. Prime Minister

B. Finance Minister

C. Commerce Minister

D. None of the above

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4

Which of the following could be said to have prevented the 'trickle down' effects in Indian economy?
1. Increased dependence of agriculture on purchased inputs and privately managed irrigation
2. More employment of labour by larger landholding farmers
3. Lowered participation of women in agricultural workforce due to new technology
4. The failure of the Green Revolution

A. 1 and 2

B. 2 and 3

C. 1 and 3

D. 2 and 4

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4

Self-reliance in the economic context implies that a country:
1. meets its demands for all goods and services from its domestic production
2. exports some of its goods but does not need to import anything
3. has sufficient foreign exchange reserves to buy all its needs
4. meets its demand for certain vital goods and services from its domestic production

A. 1 and 3

B. 2 and 4

C. 1, 2 and 3

D. 3 and 4

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4

'Globalisation of Indian Economy' means:

A. stepping up external borrowings

B. establishing Indian business units abroad

C. having minimum possible restrictions on economic relations with other countries

D. giving up programmes of import substitution

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4

The concept of Five Year Plans in India was introduced by

A. Lord Mountbatten

B. Jawaharlal Nehru

C. Indira Gandhi

D. Lal Bahadur Shastri

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4

The Nehru-Mahalanobis strategy of development guided the planning practice in India from the [CDS 2012]

A. First Five-Year Plan to the Sixth Five-Year Plan

B. Fourth Five-Year Plan to the Eighth Five-Year Plan

C. Second Five-Year Plan to the Seventh Five-Year Plan

D. First Five-Year Plan to the Eighth Five-Year Plan

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4

The principal reason why national economic planning is still being pursued inspite of embracing a market economy since 1991 is that: [IAS 1994]

A. the vast quantity of capital already deployed in the public sector needs to be nurtured

B. the market economy is mainly confined to industry and commerce and central planning in agriculture is necessary

C. it is a constitutional requirement

D. Five Year Plans can continue to provide a long-term perspective to the economy in market friendly fashions

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4

The contribution of agriculture to India's' economy is:

A. increasing

B. decreasing

C. constant

D. None of these

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4

Economic Planning is a subject: [Asstt Grade 1991]

A. in the Union List

B. in the State List

C. in the Concurrent List

D. unspecified in any special list

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4

In which one of the following five year plans the actual growth performance in India in respect of GDP (at factor cost) was less than the target set? [NDA 2008]

A. Sixth five year plan

B. Seventh five year plan

C. Eighth five year plan

D. Ninth five year plan

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4

'The strategy of Rolling plan was adopted during the Prime Ministership of: [Railways 1994]

A. Lal Bahadur Shastri

B. Indira Gandhi

C. Morarji Desai

D. Rajiv Gandhi

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4

Which of the following gives an accurate measurement of economic development through Five Year Plans?

A. Development of education and health services

B. Development of railways and roadways

C. Rise in national income and per capita income

D. Development of industrial towns and industrial estates

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4

India has: [CDS 1992]

A. Socialistic economy

B. Gandhian economy

C. Mixed economy

D. Free economy

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4

Who wrote the book 'Planned Economy for India'?

A. M. Visvesvaraya

B. Sardar Vallabhbhai Patel

C. Jawaharlal Nehru

D. Mahatma Gandhi

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4

Put in chronological order
1. Constitution of National Planning Committee -by the Indian National Congress under Jawaharlal Nehru
2. Planned Economy for India by Visvesvaraya published
3. Bombay Plan
4. Setting up of the National Development Council

A. 1, 2, 3, 4

B. 3, 2, 4, 1

C. 2, 3, 1, 4

D. 2, 1, 3, 4

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4

Which of the following statements about the Indian Economy is correct? [RBI Grade B Officer 2011]

A. Indian economy is as developed as that of China.

B. About 70% Indians are involved in some type of self-employment and are the owners of some or the other micro or small enterprise.

C. In India, single biggest employment is agriculture and allied activities.

D. None of these

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The deputy chairman of the Planning Commission: [UP PCS 1994]

A. is the Prime Minister

B. is the Planning Minister

C. holds the rank of a cabinet minister

D. is an economist of repute

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4

Which of the following features indicate that Indian economy is of the developing category?
I. Occupation mainly agricultural
II. Chronic unemployment
III. Poor quality of human capital
IV. Low per capita intake of proteins

A. I, II and III

B. I and IV

C. II and III

D. I, II, III and IV

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4

Microeconomics is concerned with:
1. behaviour of industrial decision-makers
2. the level of employment
3. changes in the general level of prices
4. determination of prices of goods and services

A. 1 and 2

B. 2 and 3

C. 3 and 4

D. 1 and 4

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4

The decentralisation system was recommended by :

A. C.Rajagopalachari

B. J.B. Kripalan

C. Balwant Rai Mehta

D. Ashok Mehta

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4

The main objective of First Five-year Plan was:

A. industrial growth

B. economic growth

C. development of agriculture including irrigation and power projects

D. self-reliance

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4

Dadabhai Naoroji theorised on the drain of wealth from India in his book:

A. Poverty under British Rule in India

B. Poverty in British Rule in India

C. Poverty and Un-British Rule in India

D. Poverty of Economic Drain in British India

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4

A rolling plan was a plan for:

A. one year

B. three years

C. five years

D. year to year basis

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The Planning Commission is : [UP PCS 1994]

A. a Ministry

B. a Government department

C. an Advisory body

D. an Autonomous Corporation